Optimal condition-based maintenance with general repair and two dependent failure modes

• Published in: Computers & industrial engineering Vol. 141; p. 106322
• Main Authors: Zheng, Rui, Makis, Viliam
• Format: Journal Article
• Language: English
• Published: Elsevier Ltd 01.03.2020
• Subjects: Gamma process; General repair; Policy iteration; Proportional hazards model; Semi-Markov decision process; Policy iteration; Gamma process; Semi-Markov decision process; General repair; Proportional hazards model
• ISSN: 0360-8352; 1879-0550
• DOI: 10.1016/j.cie.2020.106322

•New CBM policy with general repair, minimal repair and replacement is proposed.•Two dependent failure modes represent failure mechanism better.•New, effective computational algorithm is developed using matrix-based approximation in SMDP framework.•The proposed policy outperforms other widely used C...